Allstate 2015 Annual Report Download - page 186

180 www.allstate.com
See notes to consolidated financial statements.
THE ALLSTATE CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY
($ in millions) Year Ended December 31,
2015 2014 2013
Preferred stock par value $ — $ — $ —
Preferred stock additional capital paid-in
Balance, beginning of year 1,746 780 —
Preferred stock issuance — 966 780
Balance, end of year 1,746 1,746 780
Common stock 999
Additional capital paid-in
Balance, beginning of year 3,199 3,143 3,162
Equity incentive plans activity 46 56 (19)
Balance, end of year 3,245 3,199 3,143
Retained income
Balance, beginning of year 37,842 35,580 33,783
Net income 2,171 2,850 2,280
Dividends on common stock (484) (484) (466)
Dividends on preferred stock (116) (104) (17)
Balance, end of year 39,413 37,842 35,580
Deferred ESOP expense
Balance, beginning of year (23) (31) (41)
Payments 10 8 10
Balance, end of year (13) (23) (31)
Treasury stock
Balance, beginning of year (21,030) (19,047) (17,508)
Shares acquired (2,804) (2,306) (1,845)
Shares reissued under equity incentive plans, net 214 323 306
Balance, end of year (23,620) (21,030) (19,047)
Accumulated other comprehensive (loss) income
Balance, beginning of year 561 1,046 1,175
Change in unrealized net capital gains and losses (1,306) 280 (1,188)
Change in unrealized foreign currency translation adjustments (58) (40) (32)
Change in unrecognized pension and other postretirement benefit cost 48 (725) 1,091
Balance, end of year (755) 561 1,046
Total shareholders’ equity $ 20,025 $ 22,304 $ 21,480